South Tampa Real Estate Report

South Tampa Real Estate Market Report | 5/10/2026-5/16/2026

The South Tampa market continues to outperform many national trends, with strong demand still driving activity in well-priced, move-in-ready homes across core neighborhoods. While homes nationally are taking longer to sell, locally we’re seeing a more balanced and selective market where pricing, condition, flood zone exposure, and insurance costs play a much larger role in buyer decisions. Turnkey properties are still moving quickly, while overpriced or outdated homes are sitting longer and seeing more negotiation.

Overall, the market remains healthy, but today’s buyers are far more strategic and value-conscious than during the peak frenzy years.

Have a great week!

Michael Palermo

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